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the idea came not only from paul ryan but also it came from bill clinton's chief of staff. this is an idea that has been around a long time. let's see if we can get competition into the medicare world so people can get the choice of different plans, better quality. i believe in a competition. >> first of all, every study has shown medicare has lowered administrative costs, which is why seniors are generally pretty happy with it. private insurers have to make a profit. there is nothing wrong with that, that is what they do. you have higher administrative costs, plus profit on top of that, and if you are going to save any money through what gov. romney is proposing, what has to happen is that the money has to come from somewhere. when you move to a voucher system, you are putting seniors at the mercy of those programs. over time if traditional medicare has decayed or fallen apart, then they are stopped. this is the reason why aarp has said your plan would weaken medicare substantially. that is why they were supportive of the approach that we took. we do have to lower the cost
the idea came not only from paul ryan but also it came from bill clinton's chief of staff. this is an idea that has been around a long time. let's see if we can get competition into the medicare world so people can get the choice of different plans, better quality. i believe in a competition. >> first of all, every study has shown medicare has lowered administrative costs, which is why seniors are generally pretty happy with it. private insurers have to make a profit. there is nothing...
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paul ryan tried to get for projects in his district. another $21 billion for renewable energy. $18 billion for high speed rail. all part of the obama stimulus program. finally, energy independence that romney is talking about, as we said last month, that is something that the very studies that romney points, to the very analyst reports, they say we're already on the way to north american energy independence. so he's kind of trying to claim credit for something that's already there. those are your early fact checks. >> thank you so much. for his take on how the candidates faired, we want to bring in roger alt marne, also the founder and chairman of evercorps partners and served in president clinton's treasury department as well. roger, good to have you back. good evening. >> hi. >> i can't count the number of tweets that just talk about the lack of energy from the president. you are disappointed in him tonight? >> no. i just focus on what each candidate said. and it probably won't spurp you but i don't agree with the thrust of what you w
paul ryan tried to get for projects in his district. another $21 billion for renewable energy. $18 billion for high speed rail. all part of the obama stimulus program. finally, energy independence that romney is talking about, as we said last month, that is something that the very studies that romney points, to the very analyst reports, they say we're already on the way to north american energy independence. so he's kind of trying to claim credit for something that's already there. those are...
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the idea came not from paul ryan for the co author critical of the of the bill in the senate. it came from bill clinton's chief of staff. we canys let's see if get competition into the medicare world so people can get the choice of different plans at lower cost, better policy is a quality. i believe in competition. >> every study has shown matters here -- medicare has the word administrative cost. this is why seniors are generally happy with it. private insurers have to make a profit. that is what they do. you have higher administrative costs plus profit on top of that. if you were going to save any money to what governor romney is proposing, what has to happen is that the money has to come from somewhere. when you move to a voucher system, you are putting seniors at the mercy of those insurance companies. over time, it traditional medicare has decayed, they are stuck. this is why aarp has said your plan would begin medicare substantially. that is why they were supportive of the approach we took. we do have to lower the cost of health care. >> we will talk about that in a minu
the idea came not from paul ryan for the co author critical of the of the bill in the senate. it came from bill clinton's chief of staff. we canys let's see if get competition into the medicare world so people can get the choice of different plans at lower cost, better policy is a quality. i believe in competition. >> every study has shown matters here -- medicare has the word administrative cost. this is why seniors are generally happy with it. private insurers have to make a profit....
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but i remember when paul ryan made his speech that night, while the speech was still going on, we were watching the tweets come up pointing out that he had blatantly misrepresented one of the key stories that he told. and i'll tell you, i think that his inability to really give any kind of boost to the romney/ryan ticket has been shaped as much as anything else by the fact that he did a belly flop in that speech because the social media picked him up on it right away before the speech was even over. >> jennifer: it's an interesting thing. maybe the main stream media will be influenced by the twitter stream more than the reverse. >> cenk: we have got to take a quick break, when we come back john has an interesting question. what is the question we would ask of the debaters. >> cenk: we're back on current's politically direct coverage of the first presidential debate. it's coming up in just a little bit. going to be a lot of fun. john fugelsang has a question for all of us. >> john: as long as we're all celebrating, zinger watts 2012 if you had the chance to be in jim lehrer's seat, and
but i remember when paul ryan made his speech that night, while the speech was still going on, we were watching the tweets come up pointing out that he had blatantly misrepresented one of the key stories that he told. and i'll tell you, i think that his inability to really give any kind of boost to the romney/ryan ticket has been shaped as much as anything else by the fact that he did a belly flop in that speech because the social media picked him up on it right away before the speech was even...
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the idea came not from paul ryan but also it came from bill clinton's chief of staff. this is an idea that has been around for a long time. we are saying let's bring competition into the medicare were also people can get a choice of different plans at lower cost, better quality, and better competition. >> first of all, every study has shown that meeicare has lower administrative costs than private insurance does, which is why seniors are generally pretty happy with it. private insurance has to make a profit. there is nothing wrong with that, that is what they do. so you have higher administrative costs, plus profit on top of that, and if you were going to save any money through what governor romney is proposing, what would have to happen is, the money has to come from somewhere. when you move to a voucher system, you are putting seniors at the mercy of those insurance companies. over time, if traditional medicare has decayed or fall apart, and they are stopped. this is the reason why aarp has said that your plan would weaken medicare substaatially, and that is why they
the idea came not from paul ryan but also it came from bill clinton's chief of staff. this is an idea that has been around for a long time. we are saying let's bring competition into the medicare were also people can get a choice of different plans at lower cost, better quality, and better competition. >> first of all, every study has shown that meeicare has lower administrative costs than private insurance does, which is why seniors are generally pretty happy with it. private insurance...
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that's the plan i put forward and the idea came not even from paul ryan or senator riden, but it came from bill clinton's chief of staff. this is an idea which has been around for a long time. saying hey let's see if we can't get competition into the medicare world so people can get a choice at lower cost better quality, i believe in competition. >> obama: first of all every study has shown that medicare has lower administrative costs than private insurance does. and private insurance has to make a profit. nothing wrong with that. that's what they do. so you have hire administrative costs, plus profit on top of that, and if you are going to save any money through what governor romney is proposing what has to happen is that the money has to come from somewhere, and when you move to a voucher system you are cutting seniors at the mercy of those insurance companies, and over time if traditional medicare had decayed or fallen apart then they are stuck. this is the reason why aarp has said that your plan would weaken medicare substantially, and that's why they were supportive of the approa
that's the plan i put forward and the idea came not even from paul ryan or senator riden, but it came from bill clinton's chief of staff. this is an idea which has been around for a long time. saying hey let's see if we can't get competition into the medicare world so people can get a choice at lower cost better quality, i believe in competition. >> obama: first of all every study has shown that medicare has lower administrative costs than private insurance does. and private insurance has...
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by the way, the idea came not from paul ryan or senator widen, a co-author of the bill in the senate, but also it came from bill clinton's chief of staff. this is an idea that has been around a long time. we are saying, hey, let's see if we can't get competition into the medicare world so people can get the choice of different plans at lower costs, better quality. i unbelievable competition. >> jim if, if i can respond quickly. first of all, medicare has lower administrative costs than private insurance does, which is why seniors are generally pretty happy with it. private insurance has to make a profit. nothing wrong with that. that's what they do. and so, you have higher administrative costs, plus profit, on top of that. and if you are going to save any money through what governor romney's proposing, what has to happen is that the money has to come from somewhere. and when you move to a voucher system, you are putting seniors at the mercy of those insurance companies. and over time ftraditional medicare has decayed or fallen apart, then they're stuck. and this is at this time reason
by the way, the idea came not from paul ryan or senator widen, a co-author of the bill in the senate, but also it came from bill clinton's chief of staff. this is an idea that has been around a long time. we are saying, hey, let's see if we can't get competition into the medicare world so people can get the choice of different plans at lower costs, better quality. i unbelievable competition. >> jim if, if i can respond quickly. first of all, medicare has lower administrative costs than...
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bill with paul ryan in the senate but it came from bill clinton's chief of staff. this is an idea that's been around a long time which is saying, hey, let's see if we can't get competition into the medicare world so that people can get the choice of different plans at lower cost, better quality. i believe in competition. >> jim if i can just respond very quickly. first of all, every study has shown that medicare has lower administrative cost than private insurance does, which is why seniors are generally pretty happy with it. and private insurers have to make a profit. nothing wrong with that. that's what they do. and so you've got higher administrative costs, plus profit on top of that and if you are going to save any money through what governor romney's proposing, what has to happen is that the money has to come from somewhere. and when you move to a voucher system, you are putting seniors at the mercy of those insurance companies and over time if traditional medicare has decayed or fallen apart then they're stuck. and this is the reason why a.a.r.p. has said tha
bill with paul ryan in the senate but it came from bill clinton's chief of staff. this is an idea that's been around a long time which is saying, hey, let's see if we can't get competition into the medicare world so that people can get the choice of different plans at lower cost, better quality. i believe in competition. >> jim if i can just respond very quickly. first of all, every study has shown that medicare has lower administrative cost than private insurance does, which is why...